Bidding on your own names at NameJet...?

Grilled said:

Per NameJet's shill bidding update HERE they state NameJet had suspended their next bid win practice until further notice.

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They also claimed that they suspended the shill bidders from their platform.

Arca said:

They also claimed that they suspended the shill bidders from their platform.

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They gave a pretty vague statement. They stated they suspended the related accounts. Which related accounts would that be? The seller account is believed to be Oliver Hogers. The domains were believed to have belonged to @andyboothsi . Confusion came when people noticed @andyboothsi and @BoothDomains were bidding on domains where the WHOIS had a Booth last name. Adding to the confusion is the fact @Oliver Hoger had bid on some of those domains, and he is believed to be the owner of the featured auction account selling the domains. So I ask, which accounts were suspended? Did they address HKDN? Were they reinstated? Was anybody issued new bidding alias? Do/did they have multiple bidding alias? Is that still allowed? Has anybody noticed any of the Booth's bidding or selling on NameJet? How long is this suspension? Does a suspension mean both from buying and selling?



Another thing to note, is they stated that the next bid win practice would be suspended until further notice. Thus, I assume [hope] that means, if they intend to reinstate the practice then they will at least honor their shill bidding press release and give prior notice.

Grilled said:

then they will at least honor their shill bidding press release and give prior notice.

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Good one.

They obviously don't care about their reputation and the integrity of their platform anymore at this point.

MediaOptions said:

I personally do not find any fault or problem with an owner bidding on his own domain or other property in auction.

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WTF

DomainNameWire.com just published an article HERE titled, "Short seller targets Tucows with scathing report". The DNW article doesn't mention NameJet, but if you search the report linked from Copperfield_Research HERE, you can find an exert [screenshot below] that mentions NameJet, and concerns of shill bidding.



Copperfield Research Twitter HERE, recently sent out a series of $TCX tweets.

Now 8 months later, its been radio silence since nobody posted who actually was banned.

Who was supposed to be banned? You are right. They are being silent about this. This also remind me to put in a claim to NJ.

imglobal said:

Who was supposed to be banned? You are right. They are being silent about this. This also remind me to put in a claim to NJ.

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Hope you don’t have a hassle getting it. It would be nice to find out exactly, I suspect who but do not know for sure.

The community did good. At least it put the shameless shill bidders into a shameful mode. Enough for us to put them on notice and they ran with tails between the legs. Probably very tiny short tails too to match their small feet and toes.

Those people (particular narrowed down to 3 guys), that we all know off, have already gone down in history in the Ultimate Hall Of Shame. I hope the guilt will finally catch up with them one day, to the point they have take meds for depression. As of now, I am not sure they really understood that it was plain wrong of what they done. By their way of dumb arguments, they probably think everybody else is as idiotic as them.

I don't know what they are inhaling, but must not be pure oxygen. Say no to drugs.

my 2 cents.

imglobal said:

The community did good. At least it put the shameless shill bidders into a shameful mode. Enough for us to put them on notice and they ran with tails between the legs. Probably very tiny short tails too to match their small feet and toes.

Those people (particular narrowed down to 3 guys), that we all know off, have already gone down in history in the Ultimate Hall Of Shame. I hope the guilt will finally catch up with them one day, to the point they have take meds for depression. As of now, I am not sure they really understood that it was plain wrong of what they done. By their way of dumb arguments, they probably think everybody else is as idiotic as them.

I don't know what they are inhaling, but must not be pure oxygen. Say no to drugs.

my 2 cents.

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I find it hard to beleive that only 3 guys are shill bidding on namejet with thousands of bids a day. still doesnt address why
- they promote some sellers over others on their banners ( when you ask to buy banner ads they say not available) I understand they want to promote big sellers but why isnt the opportunity to promote a free market?
- why do they allow honor post auction bids. we have been approached after an auction multiple times with requests to purchase names...if someone wants the name why dont they bid in auction? if you accept post auction you are training bidders to not bid highest and best
- why do they offer different commissions for different sellers? some people pay 15% others pay less

why are there so much different treatment for so many sellers and buyers?

toughdomains said:

why do they

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As per T&C, they are not an auction house. Anything they do should, therefore, be considered as perfectly legitimate....

Good points. It’s self evident in what you post. I still believe there is much more going on behind the scenes. They never responded to this thread either, but I am glad it keeps going. If you recall they were upset at archived evidence being re-presented so they stopped making it available beyond a few days after auction closing. I don’t doubt why.

toughdomains said:

why are there so much different treatment for so many sellers and buyers?

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That's with a lot of businesses. People that perform usually get better deals. People would always complain in affiliate marketing, why does this affiliate get a better payout. If one affiliate drives 5 sales to a merchant a month, when another drives 10,000, they have some negotiating power. Maybe the merchant just rewards them because of performance. Some have tiers built into their terms. 5% standard rate. 8% for sales over $5,000 a month etc. Maybe the affiliate that drives 10,000 sales a month, simply asked for a better deal.

Back to this:

"they promote some sellers over others on their banners"

It could be simply those sellers just sell more domains. Performance.

tonyk2000 said:

As per T&C, they are not an auction house. Anything they do should, therefore, be considered as perfectly legitimate....

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Never implied anything they do is not legitimate...just mentioned points from my own experience....I sell names on NJ through a broker and have no plans to partner with them so Im free to discuss details....I think fairness is a strong value in the namepros community so Im happy to see members speaking up about the details they encountered as well.

Namejet domain name auction front running continues. This time with an Oliver Hoger owned domain.

https://onlinedomain.com/2018/04/10...-this-time-with-an-oliver-hoger-owned-domain/

Thanks @OnlineDomainCom for keeping us informed.

Does anyone know what happened to HKDN? I have not seen HKDN bid in any short name auctions at all for a long time. This bidder handle used to be extremely active, and mainly bid on Oliver Hodger’s names/auctions.

As per Michael’s calculations HKDN pushed up bids more than $800,000 for other bidders in Oliver’s public auctions.

If this was a legitimate bidder, why did such an extremely active bidder disappear subsequent to this thread?

Was HKDN was one of the unnamed shill bidders banned by NameJet?

I believe HKDN was Oliver Hodgers. Now he's a dogger and probably sneaking behind other new usernames. Sadly, NameJet is still not strict on these things like tracking IP and such. Why? Because all they care is about more money in their pocket. Morality goes out the door. To these guys, they only speak dollars. Anything else you try to tell them will be reflected with glassy eyeballs.

At least I know one thing. If I ever ended up in hell, I wouldn't worry too much because it will be a very long line ahead of me. These guys will beat me to it by a long long way. Their greed and devious sins are mountainous.

imglobal said:

I believe HKDN was Oliver Hodgers. Now he's a dogger and probably sneaking behind other new usernames. Sadly, NameJet is still not strict on these things like tracking IP and such. Why? Because all they care is about more money in their pocket. Morality goes out the door. To these guys, they only speak dollars. Anything else you try to tell them will be reflected with glassy eyeballs.

At least I know one thing. If I ever ended up in hell, I wouldn't worry too much because it will be a very long line ahead of me. These guys will beat me to it by a long long way. Their greed and devious sins are mountainous.

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You are a frequent customer right? Have you noticed new bot bidders? Who was banned back last July? Or is it the same? I sure see the greater fool theory in all the auction venues to be quite honest, some high end names claimed sold, then magically reappearing, that and names switching to other wholesale buyers for publicity. I think there is a cabal of high net worth investors who don’t want publicity and are never mentioned who are partners in offshore bearer share corps, and brokers who want the publicity making the ra-ra noise and getting published to create the phony demand liquidity. Sure a few sales are legit, usually to end users only. I just have seen continually irregular things going on to conclude that certain blogs and promoters are doing illogical things to create a market where one really doesn’t exist.

Yes, a frequent customer. I bid on many auction sites with pre-bids. I didn't realize there are bot bidders but I believe you are correct. The market is not strong now but we keep seeing these up bids. Makes me wonder. I will start tracking everything that we bid on and see where the lost one goes. Appreciate your input.

There is a massive bidder who i don't recall seeing him till relatively recently and the bidder handle is testingaccount. The guy bids like crazy on anything half decent, is this a legit buyer?

If HKDN was banned due to being a shill bidder, the implication of that is that NJ and OH profited an additional $860,000 as a direct result of shill bidding activity carried out by HKDN.

Arca said:

If HKDN was banned due to being a shill bidder, the implication of that is that NJ and OH profited an additional $860,000 as a direct result of shill bidding activity carried out by HKDN.

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I believe the statue of limitation is 1 year for civil matters. Can we post all the questionable transactions here? Not just for hkdn but for the other two guys as well.

These guys are not going to learn unless they get hit with a class action. The minimum party required is 6 to file. If we can prove they profited that much, then I am sure there are quite a few attorneys out there that is willing to take the case on contingency.

On the side note, I still laughs about the comment made by NJ CEO. He said "Oh, I asked the seller and he said he didn't shill bids. I believe him so it's okay". What a perfect punch line for stand up comedy.

imglobal said:

Can we post all the questionable transactions here? Not just for hkdn but for the other two guys as well.

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This thread shouldnt die. Keep it active please post any data. @Grilled I am sure will be interested too.

joro001 said:

There is a massive bidder who i don't recall seeing him till relatively recently and the bidder handle is testingaccount. The guy bids like crazy on anything half decent, is this a legit buyer?

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Bidder alias "testingaccount" belongs to Frank Schilling. Legit buyer. Not sure why he's using "testingaccount" in addition to "taryn".

Domain: EDMK.com
Owner on 26 March 2017: Oliver Hoger

Sold on NameJet on 19 March 2018 for $270. Won by "tomasz111":

WHOIS record on 10 May 2018: Oliver Hoger

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Domain: NPDU.com
Owner on 10 March 2017: Oliver Hoger

Sold on NameJet for $220 on 20 March 2018. Won by "oiuyea"

Domain is transferred to Hilde Ryen after the auction:

On 2 April 2018, the domain is transferred back to Oliver. WHOIS record on 10 May 2018: Oliver Hoger